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700 W 7TH Ave

2,150 SF Retail Building Corsicana, TX 75110 $2,120,000 ($986/SF) 5.25% Cap Rate

Retail Space Texas Corsicana 700 W 7TH Ave, Corsicana, TX 75110

Investment Highlights

  • Texas Location - No state Tax!
  • Long term lease
  • 840 +/- unit operator

Executive Summary

Prime Investment opportunity. Own a Full Triple NNN long-term lease property with an 840 +/- unit operator. One of the largest KFC franchises in the country.

Data Room Click Here to Access

  • Offering Memorandum

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,150 SF
Building Class
B
Year Built
2018
Price
$2,120,000
Price Per SF
$986
Cap Rate
5.25%
NOI
$111,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.22 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
F1
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
137 FT on West 7th Avenue
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Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Frost Bank
H-E-B
Super 1 Foods
Anytime Fitness
Prosperity Bank
CrossFit
Chase Bank
Brookshire's
La Michoacana Meat Market
Rent-A-Center

PROPERTY TAXES

Parcel Number 86813 Improvements Assessment $495,660
Land Assessment $478,290 Total Assessment $973,950

PROPERTY TAXES

Parcel Number
86813
Land Assessment
$478,290
Improvements Assessment
$495,660
Total Assessment
$973,950
(732) 545-1850 x11

Contact

  • Listing ID: 31951994

  • Date on Market: 5/29/2024

  • Last Updated:

  • Address: 700 W 7TH Ave, Corsicana, TX 75110

More public record information on 700 W 7TH Ave, Corsicana, TX 75110

The Retail Property at 700 W 7TH Ave, Corsicana, TX 75110 is currently available for sale. Contact Lance Bram Commercial Broker for more information.

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700 W 7TH Ave
(732) 545-1850 x 11

700 W 7TH Ave

Lance Shalit

(732) 545-1850

x11

(732) 545-1850 x11

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